Julia Pavia – Chair, Brenda Smith, Beverly Maynard
INFORMATION REGARDING ASSESSED VALUE INCREASES:
In years between five-year certification, the Assessors are required annually to complete a sales analysis on the sales occurring in Savoy (usually for the two calendar years prior to the January 1 assessment date). In order to conform to the standards and policies of assessment performance by the Massachusetts Department of Revenue, the Assessors complete a valuation adjustment program called an Interim Adjustment. The Assessors act with due diligence to ensure sale property assessment data is accurate and up-to-date by inspection (when possible) and review of reliable sources of the sale properties. Determination of proper adjustments to cost tables and/or land tables are made to meet the Assessment to Sale Ratio and Coefficient of Dispersion requirements of the Massachusetts Department of Revenue. Once the process is approved by the Massachusetts Department of Revenue, market adjustments made to the sale properties are applied to the whole town. After completion of the program, the community’s assessments should be equitable and consistent within and between all property classes, as evidenced by conformity with accepted mass appraisal measures of assessment level and uniformity.
ALL VALUES ARE AFFECTED BY HIGH SALE PRICES
If you have a grievance about your valuation, you must submit an Application for Abatement to the Assessors’ Office NO LATER THAN JANUARY 17, 2025. The office will not be open on that date, which is not an excuse to file any later. You are responsible for ensuring the application is in the Assessors’ office on time. You may email it to: savoyassessors@gmail.com. If you mail the application, ensure there is a postmark on the envelope NO LATER THAN JANUARY 17, 2025. The Assessors have no jurisdiction to act on Abatement Applications that are not timely filed.
The Assessors will then set up an appointment for a full inspection, interior included. If inspection is denied, the application will be denied.
Abatement form here
TAX RATE INCREASES:
Tax rate increases are caused by additional spending voted on by the residents during the Annual Town Meeting and any Special Town Meetings. No tax rate outside the limitations of proposition 2 ½ would be approved by the Massachusetts Department of Revenue.
ATM Budget Sheet located here
Use this link to understand Proposition 2 ½: https://www.mass.gov/info-details/proposition-2-12-and-tax-rate-process